If the product costs/benefits are equal, why not buy non-local? It seems like your avoiding discussing the actual reason I gave for why local vs non-local is not a valid criterion for judging potential investment opportunities.
In general, if you think that some property of a product is good, then you are implying that you should buy it even when it would otherwise be a less attractive deal. In the language of economics, you would say that property enters your utility/decision function.
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If the product costs/benefits are equal, why not buy local? Was there an assumption that buying local is a less attractive deal?
If the product costs/benefits are equal, why not buy non-local? It seems like your avoiding discussing the actual reason I gave for why local vs non-local is not a valid criterion for judging potential investment opportunities.
In general, if you think that some property of a product is good, then you are implying that you should buy it even when it would otherwise be a less attractive deal. In the language of economics, you would say that property enters your utility/decision function.